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UK consumer sentiment improves slightly in March but remains fragile
GfK’s Consumer Confidence Index edged up to -19 in March, reflecting a mixed sentiment. Personal finance confidence dipped, while economic outlook improved slightly. The Major Purchase Index held at -17 but showed a year-on-year gain. The Savings Index fell five points to +25. Despite modest gains, consumer confidence remains fragile and below the long-term average, NIQ GfK noted.
GfK’s Consumer Confidence Index edged up to -19 in March, reflecting a mixed sentiment.
Personal finance confidence dipped, while economic outlook improved slightly.
The Major Purchase Index held at -17 but showed a year-on-year gain.
The Savings Index fell five points to +25.
Despite modest gains, consumer confidence remains fragile and below the long-term average, NIQ GfK noted.
